‘AirAsia appoints BDO Unibank for Philippine IPO’
KUALA LUMPUR: AirAsia Bhd has appointed BDO Unibank Inc, the Philippines’ largest bank by assets, to conduct preparatory work on the initial public offering (IPO)…
Tag Archives: Technical Analysis
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Ringgit to stay volative versus British pound, says AmBank Research
KUALA LUMPUR (Sept 15): The ringgit (MYR) is expected to stay volatile against the British sterling pound (GBP), according to AmBank Research. In a note today,…
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North Korean missile rattles markets again
KUALA LUMPUR (Sept 15): The FBM KLCI slipped below the 1,780-point level, as a fresh missile launch by North Korea over Japan rattled regional markets. At…
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AirAsia’s Fernandes tells Mavcom to justify equal PSCs at KLIA terminals
KUALA LUMPUR (Sept 15): Low-cost carrier AirAsia group chief executive officer Tan Sri Tony Fernandes has called upon the Malaysian Aviation Commission (Mavcom) to justify…
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KLCI slides at midday, ringgit weaker
KUALA LUMPUR: Local bourse benchmark FBM KLCI ended the morning trading session in a negative territory amid a weak broader market while the ringgit lost ground.
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Bumi Armada FPSO completes offloading of cargo in North Sea
KUALA LUMPUR: Bumi Armada Bhd’s Armada Kraken floating production storage and offloading (FPSO) completed the offloading of its first cargo in the UK North Sea on Tuesday.
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AmBank rebounds to late Aug high of RM4.46, more upside seen
KUALA LUMPUR: Shares of AmBank Bhd jumped to RM4.46, the highest since late August, as it continues riding on business recovery and as it pursues pursue organically its Top 4 aspiration by 2020.
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TRC Synergy JV gets RM348m MRT Line 2 job
KUALA LUMPUR: TRC Synergy Bhd’s joint venture with Konsortium Kontraktor Melayu (KKM) has secured a RM348mil contract for part of the Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya (Line 2).
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Bina Puri wins RM35.5m roadworks contract
KUALA LUMPUR: Bina Puri Holdings Bhd has secured a RM35.5mil contract to undertake the pavement works and temporary road diversion from Aktif Unggul Sdn Bhd,
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Apple said to discuss US$3b stake in Bain chip bid
TOKYO: Apple Inc. is playing the role of kingmaker in the contentious battle for Toshiba Corp.’s memory chips business.
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Palm oil prices to fall 17 pct by Nov-Dec, says Fry
MUMBAI: Benchmark Malaysian prices for crude palm oil are likely to fall nearly 17 percent from current levels by November or December as overseas appetite for the commodity falters over the winter, leading industry analyst James Fry said on Thursday.
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Steel shares rally on expectations of lower supply
PETALING JAYA: Shares of steel companies on Bursa Malaysia spiked in afternoon trading on Thursday as steel output may drop in coming months.